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Re:Have the Boomers Pinched Their Children's Futures? [video] by piva00 on Tuesday January 23, 2024 @03:07AM (#39100716)
It doesn't need to be a linear correlation, but there should be some correlation between worker productivity (aka produced value per hour of labour) vs wages. It hasn't happened, at all [1]. And that's ridiculous, workers are much more productive while real wages have stagnated when inflation is taken into account.

> When it comes to the pace of annual pay increases, the top 1% wage grew 138% since 1979, while wages for the bottom 90% grew 15%

> Middle-class wages are stagnant—Middle-wage workers' hourly wage is up 6% since 1979, low-wage workers' wages are down 5%, while those with very high wages saw a 41% increase

[1] https://www.epi.org/publication/charting-wage-stagnation/

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